Monthly Archives: <span>July 2009</span>

The Road to Savings

Five Best Practices Provide a Road Map for Controlling Total Commercial Auto Costs Your commercial auto clients are likely a diverse group — from large fleets of delivery trucks to accounts with smaller numbers of local service vans — but …

Taking Care of Business

Leading Near National P/C Carriers Revealed The original criteria and objective definition for the Near National Property/Casualty Carriers was established in the Feb. 12, 2007, issue of Insurance Journal. The Demotech Company Classification System categorizes insurers into one of 11 …

Car Dealers in the Storm

Dealers Left Standing Will Be Stronger, Leaner, and Better Experts Say Automobile shoppers may be abandoning car makers but insurance carriers and brokers remain dedicated partners, experts say. Yet no one can deny that tough times have fallen on many …

California Governor Proposes Selling Some State Workers’ Comp Insurer Assets

California Gov. Arnold Schwarzenegger is proposing to sell a portion of the state workers’ compensation insurer State Compensation Insurance Fund for $1 billion, Rachel Cameron, deputy press secretary for the governor, confirmed. In his 2009-10 May Revision General Fund Proposals, …

Montana Takes Back Surplus Lines Stamping Office Operations

Montana’s Department of Insurance is now handling the operations of the Surplus Lines Stamping Office, duties it assumed from the Montana Surplus Lines Agent’s Association. Under the change, the DOI will directly review and process surplus lines submissions, verify that …

Consider the Crisis

Insurance is no doubt used in times of crisis — to recover from such events as a house fire, when a driver is in an accident, or a business suffers a loss, for example. But recently, California Gov. Arnold Schwarzenegger …

State Insurance Regulation Needed

Our current system of state-based insurance regulation is under attack by large insurance organizations and members of Congress. For more than 150 years, state regulation has successfully guided insurance companies through many financial solvency issues. The reforms currently under consideration …

Swimming Downstream: How a Regional Insurer Buys Others Through Demutualization

Donegal Group’s Strategy Has Taken It From Writing in One to 19 States in 20 Years Even in a good economy, mutual insurers face challenges trying to raise the capital they need to grow because they don’t have any stock …

People

Edward J. Maucere, former owner of London American General Agency Inc., a San Diego-based wholesale brokerage and underwriting manager for commercial transportation business, passed away unexpectedly on June 12, 2009, at Palomar Hospital in Escondido, Calif. Maucere’s commitment to professionalism, …

It Figures

$99.9 Million The amount California Gov. Arnold Schwarzenegger believes the state could raise for the General Fund if it eliminates current sentencing options for specified crimes that may be treated either as felonies or misdemeanors, making them punishable by a …